RADCOM (RDCM) Investor presentation summary

Product and market position

• AI-powered assurance platform delivers 50% to 75% total cost of ownership reduction versus competitors.

• Positioned to benefit from the 5G and AI carrier spending cycle, with strategic partnerships expanding the total addressable market.

• Pure-play assurance focus with patented, cloud-based software and proven deployments at Tier 1 operators.

• Automated assurance market forecasted to reach $9.9B by 2030, with significant growth in service management and workforce automation.

• Telecom trends such as 5G standalone, cloud networks, and AI adoption are fueling demand for assurance solutions.

Customers and recurring revenue

• Deep relationships with Tier 1 telecom operators, including AT&T, Rakuten Mobile, and Dish, with a global footprint.

• Approximately 70% of revenue is recurring, driven by long-term contracts and multi-year agreements.

• High customer retention and revenue visibility supported by a strong pipeline for additional multi-year wins.

• Endorsed by industry leaders for cloud-native, AI-driven assurance and superior customer experience.

Financial performance and outlook

• Record operating margins in FY2025 and over $100 million in cash with no debt.

• Four-year revenue CAGR of 15.3% from 2021 to 2025, with 2025 revenue at $71.1M.

• Revenue growth target of 8-12% for 2026, with the highest operating margin achieved in FY2025.

• Over 70% gross margin and a scalable software model positioned for sustained margin expansion.

• Non-GAAP operating income reached $14.8M in 2025, with continued profitability.